STATEMENT OF STANDALONE ASSETS AND LIABILITIES PARTICULARS ASSETS 1 Financial Assets (a) Cash and cash equivalents (b) Bank Balance other than (a) above (c) Derivative financial instruments (d) Receivables (I) Trade Receivables (II) Other Receivables (e) Loans (f) Investments (g) Other Financial assets Sub Total - Financial Assets 2 Non - Financial Assets (a) Current tax assets (Net) (b) Deferred tax Assets (Net) (c) Investment Property (d) Property, Plant and Equipment (e) Other Intangible assets (f) Other non-financial assets Sub Total - Non - Financial Assets TOTAL - ASSETS LIABILTIES 1 Financial Liabilties (a) Derivative financial instruments (b) Payables (I)Trade Payables (i) total outstanding dues of micro enterprises and small enterprises (ii) total outstanding dues of creditors other than micro enterprises (II) Other Payables (i) total outstanding dues of micro enterprises and small enterprises (ii) total outstanding dues of creditors other than micro enterprises (c) Debt Securities (d) Borrowings (Other than Debt Securities) (e) Deposits (f) Subordinated Liabilities (g) Other financial liabilities Sub Total - Financial Liabilties 2 Non Financial Liabilties (a) Current tax liabilities (b) Provisions (c) Other non-financial liabilities Sub Total - Non Financial Liabilties 3 EQUITY (a) Equity Share capital (b) Other Equity Sub Total - Equity TOTAL - EQUITY AND LIABILTIES As at 30-Sep-18 Reviewed Rs in Crore 296.66 26.19 2,938.42 145.35 2,904.01 374,105.00 38,216.59 2,342.97 420,975.19 2,319.07 988.26 395.29 641.18 5.11 1,687.14 6,036.05 427,011.24 1,045.92 0.02 319.07 181,480.60 61,600.12 94,591.67 5,500.00 10,598.36 355,135.76 315.00 203.11 556.33 1,074.44 339.32 70,461.72 70,801.04 427,011.24
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2018 June 30, 2018 June 30, 2017 Total Interest Income 18,767.53 16,142.81 16% 9,673.31 8,113.64 19% 9,094.22 8,029.17 13% Interest and Other Charges 13,397.21 11,599.26 16% 7,044.53 5,844.98 21% 6,352.68 5,754.28 10% Net Interest Income 5,370.32 4,543.55 18% 2,628.78 2,268.66 16% 2,741.54 2,274.89 21% Other Operating Income 833.57 484.65 566.51 289.89 267.06 194.76 6,203.89 5,028.20 3,195.29 2,558.55 3,008.60 2,469.65 Less: Non Interest Expenses Staff Expenses 251.84 219.35 118.94 106.99 132.90 112.36 Adjustment due to fair value of stock options 199.98 375.35 8.62 280.18 191.36 95.17 Establishment Expenses 60.04 55.79 24.48 23.01 35.56 32.78 Other Expenses 217.71 184.41 111.91 86.87 105.80 97.54 CSR Expenses 75.74-44.74-31.00 - Depreciation & Amortisation Expenses 26.34 24.16 13.36 12.29 12.98 11.87 Impairment on Financial instruments/ecl 421.00 102.00 401.30 (61.63) 19.70 163.63 1,252.65 961.06 723.35 447.71 529.30 513.35 Other Income 15.98 8.49 11.35 4.16 4.63 4.33 Dividend Income 591.62 596.47 5.77 536.59 585.85 59.88 Profit Before Tax and Sale of Investments 5,558.84 4,672.10 2,489.06 2,651.59 3,069.78 2,020.51 Profit on Sale of Investments 1,000.24 64.93 1,000.02 63.09 0.22 1.84 Profit Before Tax 6,559.08 4,737.03 38% 3,489.08 2,714.68 29% 3,070.00 2,022.35 52% Tax Expense (net of Deferred Tax) 1,902.00 1,334.37 1,022.00 736.49 880.00 597.88 Profit After Tax 4,657.08 3,402.66 37% 2,467.08 1,978.19 25% 2,190.00 1,424.47 54% Other Comprehensive Income (118.10) (78.14) (88.93) (63.58) (29.17) (14.56) Total Comprehensive Income 4,538.98 3,324.52 37% 2,378.15 1,914.61 24% 2,160.83 1,409.91 53%
Net Profit Reconciliation Net Profit After Tax as per Previous GAAP Sep 30, 2017 3,650.91 Sep 30, 2017 2,098.49 June 30, 2017 1,552.42 Adjustment on account of effective interest rate / (170.29) (63.98) (106.31) forex valuation / net interest on credit impaired loans Adjustment on account of income on loans sold 64.93 64.93 - Adjustment on account of expected credit loss (11.77) 38.78 (50.55) Adjustment due to fair valuation of stock options (375.35) (280.19) (95.16) Fair value change in investments 32.27 14.78 17.49 Reversal of Deferred Tax Liability on Section 213.19 107.98 105.21 36(1)(viii) Other Adjustments (1.23) (2.60) 1.37 Net Profit after Tax as per Ind AS 3,402.66 1,978.19 1,424.47 Other Comprehensive Income (net of tax) (78.14) (63.58) (14.56) Total Comprehensive Income (net of tax) as per Ind AS 3,324.52 1,914.61 1,409.91
STANDALONE HIGHLIGHTS- SEPTEMBER 30, 2018 30-Sep-18 30-Sep-17 Individual loans sold (AUM) 50,414 43,435 Loans sold during the last 12 months 15,773 15,433 Spread on Individual Loans 1.91% 1.90% Spread on Non individual loans 3.11% 3.17% Spread on Loans 2.28% 2.29% Net interest margin (excl income on loans sold) 3.3% 3.2% Net interest margin (incl income on loans sold) 3.5% 3.4% Earnings per Share - Basic (Rs)# 27.56 21.38 Earnings per Share - Diluted (Rs)# 27.28 21.14 Risk weighted Assets 322,983 271,552 Capital adequacy ratio 18.4% 15.1% of which Tier I 17.1% 12.6% Tier II 1.3% 2.5% Non performing loans - Individual Loans 0.66% 0.65% Non performing loans - Non-Individual Loans 2.18% 2.18% Non performing loans 1.13% 1.14% Provisions and Loan losses 5,071 Unaccounted gains on listed investments in subsidiary and associate companies 169,744 # Pertains to the half year
STANDALONE SCHEDULES - SEPTEMBER 30, 2018 June 30, 2018 June 30, 2017 INCOME FROM OPERATIONS Interest on Loans 17,967.95 15,339.58 9,250.58 7,719.67 8,717.37 7,619.91 Other Interest 409.31 571.50 205.40 259.71 203.91 311.79 Income from Deployment in Cash Management 362.70 198.72 182.38 101.54 180.32 97.18 Schemes of Mutual Funds Interest Income 18,739.96 16,109.80 9,638.36 8,080.92 9,101.60 8,028.88 Fees - EIR 261.97 260.97 148.80 158.28 113.17 102.69 DSA Commission (234.40) (227.96) (113.85) (125.56) (120.55) (102.40) Fees and Other Charges (EIR) 27.57 33.01 34.95 32.72 (7.38) 0.29 Total interest Income 18,767.53 16,142.81 9,673.31 8,113.64 9,094.22 8,029.17 Income from loans sold 538.76 362.82 397.29 225.70 141.47 137.12 Rental Income & Income from Leases 57.50 29.59 17.54 14.61 39.96 14.98 Fees and Commission Income 79.41 59.73 50.58 34.56 28.83 25.17 Net gain on fair value changes 157.90 32.51 101.10 15.02 56.80 17.49 19,601.10 16,627.46 18% 10,239.82 8,403.53 22% 9,361.28 8,223.93 14% INTEREST AND OTHER CHARGES INTEREST Loans 2,085.17 1,059.43 1,272.14 495.85 813.03 563.58 Deposits 3,964.91 3,643.51 1,999.74 1,819.80 1,965.17 1,823.71 Bonds and Debentures 7,252.77 6,815.10 3,717.20 3,487.30 3,535.57 3,327.80 13,302.85 11,518.04 6,989.08 5,802.95 6,313.77 5,715.09 OTHER CHARGES 94.36 81.22 55.45 42.03 38.91 39.19 13,397.21 11,599.26 16% 7,044.53 5,844.98 21% 6,352.68 5,754.28 10%
STANDALONE RECONCILIATIONS Rs in Crore Borrowings 30-Sep-18 30-Sep-17 Term Loans 61,600 39,041 Bonds, Debentures & Commercial Paper 184,444 171,369 Deposits 94,592 90,195 340,636 300,605 Loans 30-Sep-18 30-Sep-17 Individuals 265,233 224,190 Corporate Bodies 107,525 95,049 Others 6,333 5,029 Loan Book 379,091 324,269 Incremental in the Loan Book Loan Book on an AUM Basis Increase in FY19H1 As % of Total Increase Individuals 24,827 81% Non-Individuals 5,872 19% Total 30,699 100%
Classification of Assets Sep-18 Jun-18 Mar-18 Stage 1 & 2 98.87% 98.82% 98.89% Stage 3 1.13% 1.18% 1.11% Total 100.00% 100.00% 100.00% 98.6% of loan instalments in Stage 1 &2 are in the 0-30 day bucket Expected Credit Loss(ECL) based on Exposure At Default (EAD) As per IND AS Sep-18 Jun-18 Mar-18 Gross Stage 3 5,022 5,145 4,717 ECL Provision Stage 3 1,946 2,361 1,978 Net Stage 3 3,076 2,784 2,739 Coverage Ratio% Stage 3 39% 46% 42% Gross Stage 1 & 2 377,429 369,459 357,961 ECL Provision Stage 1 & 2 3,068 2,754 3,162 Net Stage 1 & 2 374,361 366,705 354,799 ECL Provision % Stage 1 & 2 0.81% 0.75% 0.88% ECL/EAD 1.31% 1.37% 1.42% Stage 1 - Outstanding upto 30 days Stage 2 - Outstanding for greater than 30 days but less than 90 days Stage 3 - Outstanding for greater than 90 days